You know what, this splintering is not the end of the world. It's a different world than what we've been used to, but it's not the end of the world.
Part of the fun of college football in the fall is the local team. But part of the fun is also being able to tune into any of a million different broadcasts. The centralizing of power works right now because broadcasts are centralized through an old TV model that's on its last legs. Once sports consumption moves fully to apps, people can choose what they want to watch, not what they're forced to watch.
Let the left-behinds (including us, if that's how it plays out) form their own league with their own playoffs. Not FCS -- an alternative top-level league. Make it a different brand of football that's exciting to play and better to watch. Make it experimental - something that's compelling to kids and something that draws eyeballs. Throw out challenges to the BIG/SEC that they'll never answer. Set the same goal as the ABA had for the NBA - build a league that, through its play and its panache, seeks to force a merger.
Maybe that's pollyannish. But I think the whole "they're killing CFB" thing is overstated. It won't be the same, some schools may fold up shop, but UConn will still be able to find 12 teams to play in what are perhaps more meaningful and more fun games.